TEXRAILNSETexmaco Rail & Engineering Limited· EngineeringMediumPositive
Announced Sat, 20 Jun · 22:25 IST

Texmaco gets orders worth Rs 11.65 crores from Odisha Power Transmission

Govt Defence OrderBusiness Updates View source PDF

TEXRAIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹109.75
prior close
₹112.04
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.5+0.4+1.0+1.3+0.5-0.1-1.7-1.6+2.5+4.8+1.1
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AI summary

Texmaco Rail & Engineering has received letters of award worth Rs 11.65 crores (including taxes) from Odisha Power Transmission Corporation Limited for 2 orders. The scope is Engineering, Supply, Installation, Testing and Commissioning works for construction of 2nd Circuit SC line on DC tower on a turnkey basis. Execution timeline is 12 months from award. The orders are domestic and not related party transactions.

Likely market impact

Mildly positive: small order book addition; government PSU counterparty adds execution comfort but Rs 11.65 cr is not material.